Showing 1 - 10 of 408
allow for the possibility that membership of the IEA may change endogenously over time. In this paper we analyse a simple … corresponding steady-state IEA membership, and that if the initial stock of pollution is below (above) steady-state then membership … costs to the pollution stock, initial and steady-state membership decline; in the limit, membership is small and constant …
Persistent link: https://www.econbiz.de/10011591344
Persistent link: https://www.econbiz.de/10003547464
In this paper we develop a model to analyze, in a dynamic framework, how countries join international environmental agreements (IEAs). In the model, where countries suffer from the same environmental damage as a result of the total global emissions, a non-signatory country decides its emissions...
Persistent link: https://www.econbiz.de/10003715257
This article provides a non-technical overview of important results of the game theoretical literature on the formation and stability of international environmental agreements (IEAs) on transboundary pollution control. It starts out by sketching features of first and second best solutions to the...
Persistent link: https://www.econbiz.de/10011600452
This paper analyses the cost implications for climate policy in developed countries if developing countries are unwilling to adopt measures to reduce their own GHG emissions. First, we assume that a 450 CO2 (550 CO2e) ppmv stabilisation target is to be achieved and that Non Annex1 (NA1)...
Persistent link: https://www.econbiz.de/10008780583
The recent events that followed the US decision not to comply with the Kyoto Protocol seem to drastically undermine the effectiveness of the Protocol in controlling GHG emissions. Therefore, it is important to explore whether there are economic factors and policy strategies that might help the...
Persistent link: https://www.econbiz.de/10011592976
Many international treaties come into force only after a minimum number of countries have signed and ratified the treaty. Why do countries agree to introduce a minimum participation constraint among the rules characterising an international treaty? This question is particularly relevant in the...
Persistent link: https://www.econbiz.de/10011593523
Persistent link: https://www.econbiz.de/10003308770
We analyse river sharing games in which a set of agents located along a river shares the available water. Using coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river cooperate and acknowledge property rights as a prerequisite...
Persistent link: https://www.econbiz.de/10009535545
Global warming caused by accumulation of emissions of greenhouse gases (GHGs) is a public bad, addressing which requires collective action by all the countries of the world. Under the United Nations Convention on Climate Change (UNFCCC), most countries have negotiated the Kyoto Protocol for GHG...
Persistent link: https://www.econbiz.de/10009535614